Digitization and regulatory support are driving the growth of Islamic financial products in Malaysia and Indonesia.
Almost half of the larger German companies conduct their trading business in Chinese currency renminbi.
Chinese and Southern European companies spend a lot of time paying their bills. The quick payers come from New Zealand, South Africa and Austria.
Turkish banking authority BDDK has licensed Emlak Bank. The financial institution becomes an Islamic lender.
Islamic banking remains a niche for Germany, says economist Matthias Casper. The situation in Great Britain looks completely different.
At the beginning of September, the first crypto exchange for the Islamic world will be launched.